Bank Negara maintained the overnight policy rate at 3.0% following its first Monetary Policy Committee meeting of 2024, meaning no change since May 2023. Ray Choy, Chief Economist at Malaysian Rating Corporation analyses how this might affect the FBM-KLCI, the value of the ringgit and the overall Malaysian economy.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Keith Kam

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Categories:  markets,  economy,  government

Tags:  bank negara malaysia,  overnight policy rate,  malaysia inflation rate,  ringgit,  malaysia economy,